92241 Housing Market
Median List Price
$604,897
Updated August 2026
Today, the 92241 ZIP code in Desert Hot Springs, CA has 26 homes for sale at a median list price of $604,897, typically selling in about 100 days.
92241 Housing Market Overview
The median list price in the 92241 ZIP code is $604,897. That is about 34.7% above the Desert Hot Springs median. Current inventory stands at 26 active listings.
Expect a median around $274,000 for two bedroom homes and $1.1M at the four bedroom end. February to July saw the median price go from $732,500 to $310,000, down about 57.7%.
92241 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 13.0 months of supply is more than current demand absorbs, and the typical home takes about 100 days to sell. At the same time, selling times have improved 41% versus six months ago, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$605K
↓ 29% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
13.0 months of supply
Ample Supply26 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~100 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 41% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in 92241 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
50%
Homeowners
50%
Renters
Homeownership is 5.5 points lower than the California average (55.5%)
11,432 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $100K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$598K)
Price Reductions
12 listings have reduced their price
46% of active listings
Average reduction: 7.5% (~$45K)
Browse 92241 Listings
Frequently Asked Questions about the 92241 Housing Market
What is the median home price in the 92241 ZIP code?
The median list price in the 92241 ZIP code is $604,897 as of August 2026, based on 26 active listings.
Is the 92241 ZIP code a buyer's market or a seller's market?
The 92241 ZIP code currently reads as a buyer's market. Active inventory works out to about 13.0 months of supply at the recent sales pace.
How fast do homes sell in the 92241 ZIP code?
The average home currently for sale in the 92241 ZIP code has been on the market for 100 days.
Are home prices in the 92241 ZIP code going up or down?
The median sale price in the 92241 ZIP code is down about 29.4% compared with a year ago.
How many homes are for sale in the 92241 ZIP code?
There are 26 homes for sale in the 92241 ZIP code right now.